Trickle Down Taxation

Tax and Spend and Tax some more

Warren Buffett calls for more taxes on the wealthy. [Yahoo] So what is stopping the wealthy from making serious donations to Big Gov.

The Fair Tax would solve that tax issue AND take payoffs for votes away from Congress, says TheRightJack. Nearly 50% of the US population pay no taxes and also receive tax refunds through the earned income tax credit. Does paying no income tax mean that some people are not paying their fair share. The top 1% already pay 39% of all income taxes, up from 2% in 2000 when Bush 43 took office. 8/17/11

Tax and Spend

Trickle Down Taxation is here now. Just 30 days ago I thought it was on the near horizon. Many people in the USA are now receiving all manner taxpayer financed tax breaks, earned income tax credits, rent, child care, social security, health care, tuition, and other free government benefits. Then there are the so-called stimulus packages. Everyone will soon find that, little by little, the Democrats will need more and more money from people who are NOT paying taxes. Everyone will start paying more and more money to the government in many different ways. So much for tax cuts. 3/1/09

Obviously, those who are already paying taxes are going to pay more and more taxes. Taxpayers will pay business taxes and energy taxes. They will create health care taxes and then ration it. They are even talking about confiscating all taxpayer retirement accounts. Incredibly, they are just doing what they said they would do. Wake up. Soon the United Socialistic States of America will have the same problems as do the citizens of China, North Korea, Cuba and the old USSR. Everybody will be working for the government and that is Socialistic* with a capital S - USSA.

Count on these Changes to occur if we do not make Changes that make a difference. Make no mistake. We are on our way to becoming a socialistic nation under this Democrat President and this Democrat Congress.

Change now or forever hold your peace.

* Note that BHO used the word socialistic to avoid the socialist tag that has been hung around the neck of the current crop of Democrats in Washington.